kerecis

Kerecis's raises $100m Series D

As Northstack reported at the end of last month, Kerecis has received a significant investment from multiple investors including the Danish investment firm KIRKBI. That coverage was based on a leaked letter that was sent to Kerecis’s shareholders that the media had obtained

The coverage can be seen below.

Kerecis secures a $40M investment from the owners of LEGO

Last week Kerecis officially announced the news. Kerecis will receive $40M investment from KIRKBI, like we previously reported based on the leaked letter. The total funding round will be $100 million. That includes investment from several other existing shareholders, including the Emerson Collective and the Icelandic pension funds BRU and LSV. The funding round also included the conversion of existing convertible debt to equity and new and extended debt facilities.

Following the investment round, the valuation of Kerecis is $620M not $550M as was stated in the previous coverage.

“This funding and new partnership with KIRKBI is a great step forward for Kerecis, and we are truly motivated by the investment KIRKBI and the other participants are making. As we continue to grow, we will be able to help thousands more patients around the world with our sustainably sourced products. It is our mission to become the world leader in tissue regeneration by sustainably harnessing nature’s own remedies,” said Fertram Sigurjonsson, Founder and CEO of Kerecis.

Keystrike secures pre-seed funding from Philippe Langlois, cybersecurity entrepreneur

The Icelandic cybersecurity startup Keystrike has secured funding from Philippe Langlois, founder of cybersecurity company Qualys (QLYS) which is currently valued at over $4 billion. Keystrike’s technology was invented by Ymir Vigfusson, Associate Professor at Emory University, to rethink multi-factor authentication. “Keystrike seals off the path that is commonly

Smári McCarthy, CEO of Ecosophy and Steph Matti, COO of Ecosophy

Ecosophy's 'OverView' wins in EU Space Agency competition

Ecosophy’s prototype for its platform OverView is among the winners of the EU Space Agency’s (EUSPA) innovation competition. Ecosophy is an Icelandic startup focusing on making environmental data actionable, in part by making access to data from EUSPA’s Copernicus system accessible. The company received a prize of

Kerecis becomes Iceland's first Unicorn after being acquired by Coloplast for up to $1.3 billion

Kerecis has signed an agreement with Coloplast, the Danish medical device manufacturer, to be acquired for up to $1.3 billion, making them Iceland’s first Unicorn company. In today’s Kerecis business meeting, which took place in Ísafjörður where they have a manufacturing facility, Fertram Sigurjónsson, founder and CEO

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